Quantitative Risk Program Manager - Pine Bluff, Arkansas United States - 17550
Quantitative Risk Program Manager
Pine Bluff, Arkansas - United States
$120,000.00 - $185,000.00 - US Dollars - Yearly
Employer Will Recruit From:
WHY IS THIS A GREAT OPPORTUNITY?
Quantitative Risk Program Manager : The client is looking for talented individuals who get excited about data solving business problems, and want to see their recommendations placed into action.
Quantitative Risk Program Manager - Duties
Will provide direction in relation to model develop initiatives related to quantitative analytic modeling within the client’s Model Development platform.
Work closely with validation regarding accuracy and performance of statistical models and to detect issues requiring further investigation.
Monitor external vendor models to guarantee accuracy and relevancy.
Assist as a key contributor supporting independent model creation of capital planning and stress testing models.
Lead the complete and in depth analysis on large data sets, and formulate analysis and reports to support discussions on crucial analytics and model risks.
Partner with the business teams to discover and highlight model risk associated with models and keep pace with the newest developments in academia, regulatory environment, risk technology (vendor and in-house) and financial services industries in order to provide expert guidance to stakeholders.
Provide independent model review services and support across functions at client.
Master's degree or equivalent in Statistics, Mathematics, Economics or related quantitative field is required
7 + years of hands-on modeling experience in stress testing, capital planning, capital allocation, funding and liquidity
5 + years of work associated experience
In a statistical modeling risk analytics position.
Statistical analysis and the handling of large volumes of data and analyzing for trends
Experience with the application of regulatory requirements for Model Risk.
Experience using modeling techniques supporting one the following: Capital Planning, Stress Testing, ALLL, Loss Forecasting, etc.
Work related experience in risk analytics/statistical modeling within the banking or financial industry.
University - Bachelor's Degree/3-4 Year Degree